MQL5 ReferenceStandard LibraryStrategy ModulesModules of Trade SignalsSignals of the Indicator Double Exponential Moving Average

Signals of the Indicator Double Exponential Moving Average

This module is based on the market models of the indicator Double Exponential Moving Average. The mechanism of making trade decisions based on signals obtained from the modules is described in a separate section.

Conditions of Generation of Signals

Below you can find the description of conditions when the module passes a signal to an Expert Advisor.

Signal Type	Description of Conditions
For buying	Failed breakout. The price has crossed the indicator downwards (the Open price of the analyzed bar is above the indicator and the Close price is below the indicator) and the indicator rises (weak signal for a roll-back from the indicator line). Moving Average crossover. The price has crossed the indicator upwards (the Open price of the analyzed bar is below the indicator and the Close price is above the indicator) and the indicator rises (strong signal). Formed breakout. The lower shadow of the bar has crossed the indicator (the Open and Close prices of the analyzed bar are above the indicator, and the Low price is below the indicator) and the indicator rises (signal for a roll-back from the indicator line).
For selling	Failed breakout. The price has crossed the indicator upwards (the Open price of the analyzed bar is below the indicator and the Close price is above the indicator) and the indicator falls (weak signal for a roll-back from the indicator line). Moving Average crossover. The price has crossed the indicator downwards (the Open price of the analyzed bar is above the indicator and the Close price is below the indicator) and the indicator falls (strong signal). Formed breakout. The upper shadow of the bar has crossed the indicator (the Open and Close prices of the analyzed bar are below the indicator, and the High price is above the indicator) and the indicator falls (weak signal for a roll-back from the indicator line).
No objections to buying	The price is above the indicator.
No objections to selling	The price is below the indicator.

Note

Depending on the mode of operation of an Expert Advisor ("Every tick" or "Open prices only") an analyzed bar is either the current bar (with index 0), or the last formed bar (with index 1).

Adjustable Parameters

This module has the following adjustable parameters:

Parameter	Description
Weight	Weight of signal of the module in the interval 0 to 1.
PeriodMA	Period of averaging of the indicator.
Shift	Shift of the indicator along the time axis (in bars).
Method	Method of averaging.
Applied	A price series used for calculation of the indicator.

Signals of the Oscillator DeMarker

Signals of the Indicator Envelopes